subject
Business, 25.04.2020 00:47 codyjacksnow

A competitive firm operating in the short run is maximizing profits and just breaking even. Its costs include a monthly license fee of $150 that is imposed by the state and must be paid for as long as the firm is in existence. The license fee is now increasedto $200. In the short run, the profitmaximizing firm should: a. not change outputb. increase price. c.increase outputd. reduce output

ansver
Answers: 1

Other questions on the subject: Business

image
Business, 21.06.2019 17:30, Derp5013
Which of the following best describes biochemical evidence that would not support the modern concept of evolution? a. a bacterium that uses inorganic materials to produce energy b. an organism that does not undergo cellular respiration c. a species of bacteria that is capable of photosynthesis d. an organism that undergoes both aerobic and anaerobic respiration
Answers: 2
image
Business, 22.06.2019 11:00, nicko10
The following transactions occurred during july: received $1,000 cash for services provided to a customer during july. received $4,000 cash investment from bob johnson, the owner of the business received $850 from a customer in partial payment of his account receivable which arose from sales in june. provided services to a customer on credit, $475. borrowed $7,000 from the bank by signing a promissory note. received $1,350 cash from a customer for services to be rendered next year. what was the amount of revenue for july?
Answers: 1
image
Business, 22.06.2019 11:00, PanjiUR9220
What is the correct percentage of texas teachers charged with ethics violations each year?
Answers: 2
image
Business, 22.06.2019 20:20, tytybruce2
Carmen’s beauty salon has estimated monthly financing requirements for the next six months as follows: january $ 9,000 april $ 9,000 february 3,000 may 10,000 march 4,000 june 5,000 short-term financing will be utilized for the next six months. projected annual interest rates are: january 9 % april 16 % february 10 may 12 march 13 june 12 what long-term interest rate would represent a break-even point between using short-term financing and long-term financing?
Answers: 3
You know the right answer?
A competitive firm operating in the short run is maximizing profits and just breaking even. Its cost...

Questions in other subjects:

Konu
Mathematics, 09.07.2019 09:50